Industrial
SC to Gain $1.5B Solar Investment
Cypress Creek Renewables will train as many as 7,000 people in a plan that would boost the number of workers in South Carolina’s solar energy industry to more than 10,000 over the next decade.
Vattenfall to Power Microsoft Hub in the Netherlands
The two companies signed a 10-year contract to power Microsoft’s data center located near Amsterdam. The 180-megawatt wind farm will begin construction in 2018 and is anticipated to start producing renewable energy in 2019.
Schaeffler Sheds $60M on Ohio Facility Expansion
The Wooster campus incorporates 800,000 square feet, having expanded 20 times during the company’s 40-year stay in Ohio.
Transwestern Expands Industrial Portfolio in Florida
TA Realty sold the two-building industrial portfolio in Sanford, Fla. Comprising more than 213,000 square feet, the two properties offer quick access to major highways.
EverWest Buys Seattle Industrial Portfolio
HFF facilitated the company’s purchase of the West Valley Distribution Center I, III and V in North Kent Valley, which total more than 138,000 square feet.
Binswanger Brokers Sale of 136 KSF Industrial Facility in NC
Eastman distributor EZ-Flo International Inc. purchased the single-story property in Kinston from H&H Warehouse Corp. The company plans to use the space for distribution and warehousing.
Monmouth Lands SC FedEx Building for $22M
Situated on more than 16 acres in North Charleston, the 121,683-square-foot building is a new facility, leased to Federal Express Corp. for 15 years.
NY Life Keeps Boston-Area Warehouse Fully Occupied
Transwestern Consulting Group brokered two lease renewals totaling 122,578 square feet, on behalf of New York Life Real Estate Investors.
Universal Orlando Lands 101-Acre Site
In a sale brokered by CBRE, Highlands REIT sold the site, the last and largest available industrial site in the Orlando tourism corridor, for more than $27 million.
Northeastern PA Industrial Portfolio Changes Hands
Cushman & Wakefield’s Industrial Advisory Group mediated the sale of an industrial portfolio totaling 544,974 square feet. The three buildings are located near an extensive network of highways.